Hotels - Business Review


Orbis to expand Balkans hotel network, including three new units in Romania

Hotels September 05, 2017 15:35 0 comments

Orbis has announced expansion plans in Eastern Europe and changes in its development team. The company will open eight hotels in the upcoming few months in the region, including three in Romania, and the hotel…more »

Radisson Complex in Bucharest gets takeover bid from investment fund

Hotels August 21, 2017 09:15 0 comments

Israeli Elbit Imaging, which controls Bucuresti Turism, the operator of Radisson Complex in Bucharest, said it got a non-binding letter of intent from an investment fund interested in taking over the local hotel operations. The…more »

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New hotel brands could launch in Romania in partnership with real estate developers, says Colliers International

Hotels August 09, 2017 12:05 0 comments

The hotel market in Romania could go through a diversification process in the next year, as new brands are looking to close leasing contracts or partnerships with real estate developers for management and franchising contracts,…more »

Orbis Hotel Group rejects Continental Hotels takeover media reports

Hotels July 21, 2017 15:07 0 comments

Orbis Hotel Group, which manages several hotels in Romania, rejects reports published in the media about a potential takeover of Continental Hotels. The company says there is no negotiation process in progress and no business…more »

Italian lady chef takes helm at Caffe Citta Restaurant within Radisson Blu Hotel, Bucharest

Food & Wine June 26, 2017 18:12 0 comments

Radisson Blu Hotel, Bucharest has announced the appointment of lady chef Federica Piccioni as new of chef of the Caffe Citta, its Italian restaurant. With experience in the well-known international hotel chains from Middle East…more »

First Mercure hotel outside Bucharest to open in Sighisoara at end-Q3 2017

Hotels May 24, 2017 12:31 0 comments

Orbis Hotel Group, the strategic partner of AccorHotels, has announced the opening of Mercure Sighisoara, the first Mercure hotel outside Bucharest at the end of the third quarter of this year. Following its transformation, the…more »

seaside hotels

Over 7,000 foreign tourists in Mamaia seaside resort for May 1 holiday

Hotels May 02, 2017 09:43 0 comments

Up to 70,000 tourists visited the Romanian seaside during the short holiday season for May 1 celebrations, almost double compared to initial estimates of tourism operators. Each tourist spent on average EUR 300, according to…more »

Interview: Christine Schillings (Ana Hotels): We will invest EUR 1.6 million in refurbishing Hotel Bradul in Poiana Brasov

Hotels April 03, 2017 14:36 0 comments BR Exclusive

 Christine Schillings, GM of Ana Hotels, talks to BR about the group’s ambitious investment plans and how the local hospitality industry is shaping up in 2017.  Simona Bazavan How much did Ana Hotels post in…more »

M&A alert. Angelo by Vienna House Bucharest hotel acquired by Thailand-based firm

Hotels February 24, 2017 11:02 0 comments

Angelo by Vienna House Bucharest hotel, located near Otopeni airport, was acquired by U City Public from Thailand as part of a wider transaction worth EUR 180 million, according to Angelo by Vienna House…more »

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Orbis Group posts 9.5 pct growth in revenues to EUR 316 mln in 2016

Hotels February 23, 2017 15:01 0 comments

Orbis Hotel Group, the largest network of hotels in Eastern Europe that also controls units in Romania, recorded revenues of EUR 316 million last year, up 9.5 percent compared to 2015. “Orbis Group reached record…more »